Bullish potential detected for COL

Wait 5 sec.

Bullish potential detected for COLColes Group Ltd.ASX:COLIvory_WolfEntry conditions: (i) retracement back to potential support area of $24.03 (4hr support level of 12th June) for COL, and (ii) observation of market reaction at this potential support area noted above. Depending on risk tolerance, the stop loss for the trade would be: (i) below the rising 50 day MA (currently $23.66), or (ii) below the 4 hour support level from 10th July (i.e.: $23.53), or (iii) below the rising quarterly VWAP (i.e.: $23.33).